An Adjustable Robust Economic Energy and Reserve Dispatch Problem Incorporating Large-Scale Wind Farms

The integration of large-scale wind farms creates significant uncertainty and remarkable technical challenges for power systems due to their intermittency. Comprehensive dependence structure modeling is essential management in the optimal operation modern with many farms. This paper presents an efficient adjustable robust optimization framework by which complex can be modeled energy reserve dispatch problems. Efficient its incorporation generation scheduling avoid curtailment load shedding incidents. proposed approach utilizes a canonical vine copula as flexible appropriate statistical model consider both joint conditional distributions any number results suggested copula-based are then utilized inputs presented economic problem. examined on IEEE 118-bus system, simulation demonstrate that methodology effective also show effect correlation level total cost.